#TradingStrategyMistakes
One of the smartest methods I've tried in the world of #crypto was the arbitrage strategy — exploiting the price difference between platforms to achieve quick and relatively safe profits!
On one trading day, I noticed a clear price difference in $ETH between Binance and another platform.
On Binance, the price was at $3,172, while on the second platform it reached $3,198!
I executed the trade within minutes:
– I bought $ETH from Binance
– Quickly transferred it to the second platform
– And sold it for a decent profit
Of course, this isn't always easy... It requires speed, liquidity, and low transfer fees.
But since that day, I've been monitoring #Arbitrage opportunities daily, especially during times of market volatility or unexpected news.